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Glance Technologies Previews Bar and Nightclub Features

VANCOUVER, British Columbia, March 14, 2019 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) today announced its upcoming Bar and Nightclub products. Glance plans to revolutionize the experience of ordering at bars and the paying of cover charges.

Anyone that has been to a bar or nightclub has experienced the frustration and pain of waiting in a mob of people surrounding a bar counter, trying to get to the front of the line, and then trying to get noticed by the bartenders. Bartenders often end up spending more of their time taking orders and dealing with payments than making drinks. Payment at a bar is often difficult and chaotic thus people commonly leave a credit card behind the bar to be charged at the end of the night; credit cards are often left behind and can be painful to recover for the customer. This can also result in bars experiencing significant chargebacks and fraud as there is no signature or PIN captured with the transaction.

“Glance has designed an elegant bar ordering and payment solution which enables bartenders to focus on providing the best service while making the experience fast, fair and easy for the customer,” said Desmond Griffin Glance CEO, “with Glance’s new feature set, customers will be able to skip the throng of people at the bar and enjoy time with their friends while they wait for their order without the stress of leaving their card behind.”

In addition, at many establishments, the night begins for their customers by waiting in a long line to pay a cash cover charge to then get a stamp on their hand. Glance’s upcoming cover charge feature accelerates and modernizes this process, enabling quick and easy cover charge payments, with tracking and upselling opportunities for establishments. These new products compliment Glance’s previously announced Real-Time Bill and Order From Table features which are also applicable to bars.

Glance believes these new features will enable bars to get people into their establishments much quicker and can dramatically increase the volume of beverages that can be delivered with the same number of staff, while providing a much better experience to their customers. Glance has begun previewing this technology to bars and is very excited about the responses received to date. Glance expects to share more information about these new products in the near future.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, "believe", “thinks”, "expect", “exploring”, “expand”, “could”, "anticipate", "intend", "estimate", “plan”, “pursue”, "potentially", “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Glance’s business strategies and its expectations concerning future operations, Glance’s plans to revolutionize the experience of ordering at bars and paying for cover charges, that Glance’s new cover charger feature will will accelerate and modernize the process of paying cover, and that new features will enable bars to get people into their establishments much quicker and can dramatically increase the volume of beverages that can be delivered with the same number of staff, while providing a much better experience to their customers. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things, risks that Glance’s software and applications may contain security problems, security vulnerabilities, or defects in design or manufacture, including “bugs” and other problems that could interfere with the intended operation of its software, risks related to the volatility of customer demand for Glance’s products, and the possibility that the expected benefits from the launch of new features will not be realized. The forward-looking information in this press release is also based on certain estimates, forecasts and projections, as well as expectations, beliefs and assumptions, including, among other things, that Glance will be able to achieve its business and technology development objectives. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Glance, which may be accessed through Glance's profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.